THIMAR
35.96 SAR
-1.05%
Today
-0.72%
1D
Market is closed
Sun
10:00 AM ~ 3:00 PM
Mon
10:00 AM ~ 3:00 PM
Tue
10:00 AM ~ 3:00 PM
Wed
10:00 AM ~ 3:00 PM
Thu
10:00 AM ~ 3:00 PM
Fri
Closed
Sat
Closed
Information
Name
Thimar Development
Currency
SAR
Standard Leverage
1X
Market Cap
234.52M
Avg Daily Volume
258.29K
52 Week High
50.85 SAR
52 Week Low
28.9 SAR
Trading Hours
See hours
Business Summary
Thimar Development Holding Company, together with its subsidiary Wasmi and Thimar Meat Company, produces, wholesales, and retails meat products in the Kingdom of Saudi Arabia. The company manages subsidiaries; invests funds; leases industrial property rights; and provides loans, guarantees, and financing services. It also holds underlying real estate and movable properties, as well as industrial property rights. The company was formerly known as National Agricultural Marketing Company and changed its name to Thimar Development Holding Company in October 2021. Thimar Development Holding Company was founded in 1987 and is based in Riyadh, the Kingdom of Saudi Arabia.
Top News
THIMAR.OTC
-0.72%
Thimar board approves subsidiary name change
Argaam
2w ago
THIMAR.OTC
-0.72%
Thimar approves strategic plan for 2026–2030
Argaam
3w ago
Frequently Asked Questions
What does defensive trading mean?
Defensive trading means investing in stocks or assets that are less sensitive to economic cycles and tend to perform steadily during market downturns, such as utilities, healthcare, and consumer staples. It’s a strategy to protect your portfolio from volatility and losses during uncertain or declining markets.
Why are utilities a defensive sector?
Utilities are a defensive sector because they provide essential services like electricity and water that people need regardless of the economy, so their demand remains stable even during economic downturns. This stability leads to steady revenues and dividends, making utilities less volatile compared to other sectors.
What are defensive stocks?
Defensive stocks are shares of companies that provide essential goods or services, such as utilities, healthcare, and consumer staples. These stocks tend to remain stable and perform well even during economic downturns because their products are always in demand.
How do you trade defensively?
To trade defensively, focus on investing in stable, low-volatility stocks like utilities, healthcare, and consumer staples that perform well during market downturns. Also, diversify your portfolio, avoid high-risk bets, and consider using strategies like stop-loss orders to protect against big losses.
